Global Corn Protein Market By Nature (Organic, Conventional), Type (Isolate, Concentrate), Application (Food and Beverages, Dietary Supplements, Infant Nutrition, Animal Feed, Pharmaceuticals, Coating Agents, Adhesion, Cosmetics), Country (U.S., Canada, Mexico, Germany, Sweden, Poland, Denmark, Italy, U.K., France, Spain, Netherland, Belgium, Switzerland, Turkey, Russia, Rest of Europe, Japan, China, India, South Korea, New Zealand, Vietnam, Australia, Singapore, Malaysia, Thailand, Indonesia, Philippines, Rest of Asia-Pacific, Brazil, Argentina, Rest of South America, UAE, Saudi Arabia, Oman, Qatar, Kuwait, South Africa, Rest of Middle East and Africa) Industry Trends and Forecast to 2028
The corn protein market is expected to grow at a compound annual growth rate of 6% for the forecast period of 2021 to 2028. The strong demand for natural and plant-based products is the factor responsible for the growth of the corn protein market in the forecast period of 2021 to 2028.
Corn protein mainly comprises of zeins which largely consist of the prolamin fraction of corn and has a protein content of greater than 90%. Also, the corn protein is an important source of bioactive peptides.
The rise in consumer preference for organic food products is amongst the major factor expected to fuel the growth of the market. Also the high demand for corn protein in medical industry as it is not prone to viruses and danger unlike animal protein and rise disposable incomes of people are also projected to drive the demand for corn protein market in the forecast period of 2021 to 2028. Furthermore, the constant research and development in corn protein and high demand for plant based products are also likely to fuel the corn protein market growth. In addition, the increase in the trend of vegan consumers is another factor projected to support growth of the corn protein market in the above mentioned forecast period. The rise in product awareness and abundance of raw materials for corn protein has also contributed towards growth of the corn protein market.
Moreover, the high demand for organic food, high demand for premium products as well as the increase in the number of consumers seeking plant-based protein like corn protein are estimated to generate various new opportunities for the corn protein market in the forecast period of 2021 to 2028.
However, the high price scale due to scarce resource and processing costs are expected to obstruct the corn protein market growth rate, whereas the easy availability of high number of alternate plant-based proteins like pea protein, pulse protein, rice protein can pose as a market challenge for corn protein market in the above mentioned forecast period.
This corn protein market report provides details of new recent developments, trade regulations, import export analysis, production analysis, value chain optimization, market share, impact of domestic and localized market players, analyses opportunities in terms of emerging revenue pockets, changes in market regulations, strategic market growth analysis, market size, category market growths, application niches and dominance, product approvals, product launches, geographic expansions, technological innovations in the market. To gain more info on the corn protein market contact Data Bridge Market Research for an Analyst Brief, our team will help you take an informed market decision to achieve market growth.
Global Corn Protein Market Scope and Market Size
The corn protein market is segmented on the basis of nature, type and application. The growth among segments helps you analyze niche pockets of growth and strategies to approach the market and determine your core application areas and the difference in your target markets.
- Based on nature, the corn protein market has been segmented into organic and conventional.
- The corn protein market is also segmented on the basis of type into isolate and concentrate.
- The application segment of the corn protein market has been segmented into food and beverages, dietary supplements, infant nutrition, animal feed, pharmaceuticals, coating agents, adhesion and cosmetics. Food and beverages have further been segmented into bakery and confectionery, sweet and savory snacks, soups and sauces, meat substitutes and functional food.
Corn Protein Market Country Level Analysis
The corn protein market is analyses and market size, volume information is provided by country, nature, type and application as referenced above.
The countries covered in the corn protein market report are U.S., Canada, Mexico in North America, Germany, Sweden, Poland, Denmark, Italy, U.K., France, Spain, Netherland, Belgium, Switzerland, Turkey, Russia, Rest of Europe in Europe, Japan, China, India, South Korea, New Zealand, Vietnam, Australia, Singapore, Malaysia, Thailand, Indonesia, Philippines, Rest of Asia-Pacific(APAC) in Asia-Pacific (APAC), Brazil, Argentina, Rest of South America as a part of South America, UAE, Saudi Arabia, Oman, Qatar, Kuwait, South Africa, Rest of Middle East and Africa(MEA) as a part of Middle East and Africa(MEA).
Europe leads the corn protein market owing to the rise in consumer awareness and high demand of corn protein. Asia-Pacific is expected to expand at a significant growth rate over the forecast period of 2021 to 2028 because of the increase in the population, as well as the rapid development of the food and beverage industry, which is supporting the production and demand of corn-based protein.
The country section of the corn protein market report also provides individual market impacting factors and changes in regulation in the market domestically that impacts the current and future trends of the market. Data points such as consumption volumes, production sites and volumes, import export analysis, price trend analysis, cost of raw materials, down-stream and upstream value chain analysis are some of the major pointers used to forecast the market scenario for individual countries. Also, presence and availability of global brands and their challenges faced due to large or scarce competition from local and domestic brands, impact of domestic tariffs and trade routes are considered while providing forecast analysis of the country data.
Competitive Landscape and Corn Protein Market Share Analysis
The corn protein market competitive landscape provides details by competitor. Details included are company overview, company financials, revenue generated, market potential, investment in research and development, new market initiatives, global presence, production sites and facilities, production capacities, company strengths and weaknesses, product launch, product width and breadth, application dominance. The above data points provided are only related to the companies’ focus related to corn protein market.
The major players covered in the corn protein report are Ingredion Incorporated, Roquette Frères, DuPont, Kerry, ADM, AGT Food and Ingredients, Tate & Lyle, Agridient Inc., Sodrugestvo Group of Companies, Emsland Group, and MEIHUA HOLDINGS GROUP CO., LTD., among other domestic and global players. Market share data is available for Global, North America, Europe, Asia Pacific (APAC), Middle East and Africa (MEA) and South America separately. DBMR analyst understands competitive strengths and provides competitive analysis for each competitor separately.